by Turd Ferguson
TF Metals Report
Since August of 2015, we’ve been following the decline in U.S. equities and marking the similarities to the previous market collapses of 2001 and 2008. We’d suggested last autumn that there was one, final indicator that we needed to see before issuing a final warning. Well, here you go.
Before proceeding, I urge you to review the link below. For proper context, it is extremely important that you do so:
And, again, this update comes with the same caveat/disclaimer that we’ve included in each of these posts since August: